Dow Futures Rise, Oil Prices Sink — and What Else Is Happening in the Stock Market Today

view original post

Stock futures were rising modestly Thursday, suggesting a higher start for Wall Street as oil prices sank on a report that said Saudi Arabia was prepared to boost production if Russian output declines because of heavy sanctions over its invasion of Ukraine.

Contracts linked to the Dow Jones Industrial Average rose 21 points, or 0.1%, to 32,823, S&P 500 futures were up 0.2% and Nasdaq futures rose 0.4%.

Futures…